June 21, 2024

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Spot rubber prices in red

Spot rubber ended in pink on Thursday. The sector opened agency but missing the preliminary power afterwards because of to purchaser resistance coupled with financial gain scheduling at bigger levels. In the meantime, ISNR20 improved marginally on clean enquiries from the basic rubber products sector but latex closed unchanged amidst scattered transactions. As for every stories, there were being no clean enquiries from the tyre-makers all through the session.

RSS4 declined to Rs.138.00 (140.00) for every kg both at Kottayam and Kochi, according to traders and the Rubber Board. The grade weakened to Rs.134.00 (136.00) for every kg, according to Sellers. The commodity ongoing to continue to be inactive with no recorded trades on the Indian Commodity Trade (ICEX)

Normal rubber futures closed lower  in day time trading on Shanghai Futures Trade (SHFE). The most active January 2021 supply was down by 230 Yuan (Rs.2471.93) to near at 12,595 Yuan (Rs.135,365.29) a tonne.

RSS three (spot) declined to Rs.148.87 (153.54) for every kg at Bangkok. SMR twenty weakened to Rs.102.17 (103.ninety five) and Latex sixty for every cent to Rs.eighty five.72 (86.forty five) for every kg at Kualalumpur.  

Spot rubber prices (Rs/kg) were being: RSS4:138.00 (140.00) RSS5: 134.00 (135.00) ISNR20: 111.50 (111.00) and latex (sixty for every cent drc): 78.00 (78.00).